UFG’s 'near complete' personal lines exit drives cat losses down: CEO Ramlo
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

UFG’s 'near complete' personal lines exit drives cat losses down: CEO Ramlo

ufg-cedar-rapids-with-ramlo.jpg

United Fire Group (UFG) president and CEO Randy Ramlo credited his company’s below-average cat losses in Q4 to its nearly complete exit from personal lines in its Q4 2021 earnings call today.

Ramlo was speaking after the UFG reported its lowest combined ratio in more than 14 years in Q4, with the metric narrowing to 83% from 123% the year before, driving a 20% increase in the share price.

“I

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article